Why We Are Outraged: An Economic Analysis of Internet Gambling

By: Frank Vandall


While domestic casinos and lotteries take in about $84.7 billion a year; internet gambling is worth about $12 billion. By comparison, movies bring in about $23.24 billion a year.’ Fifty-two percent of the population gambles.2 Although all but two states (Utah and Hawaii) permit gambling of some sort, none license internet gambling. 3 It is therefore illegal in all 50 states. Estimates suggest that only 1% of the population engages in internet gambling.4

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